Question: If the company turns profitable, as I believe it intends to be in the current quarter, is this not a major, major improvement and potential "game changer" for the company?
The way that I see it, every small public business trading on the Bulletin Board enters the public marketplace in order to leverage the liquidity of its stock to fund operations until they become profitable enough to do so with cash.
Sure, there's toxic PIPE financing to be had, which many micro-cap's cling to for life. But, I'd rather see the approach that mgt. has taken thus far over that.
Is this not the nature of the beast with BB stocks? Compared to other stocks in its price range, I think that SNWT is producing stellar financial results and has made quite a bit of progress in roughly its first year as a public entity.
Certainly, PPS has tanked, nobody can deny that. But, I can't help but thinking that continued financial growth and sustained profitability (which both seem to be on the horizon) could save the day here. Thoughts?
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